Take-Two Interactive has released its financial results for its first fiscal quarter, recording a 16% increase in net bookings to $1.42 billion. This is “significantly above the guidance range” for the period, which was $1.25 billion to $1.3 billion. As a result of its Q1 performance, Take-Two has raised its outlook for Q2 to between … Read more
In its latest financial results, Take-Two Interactive recorded a strong performance for its first quarter – so much so that it’s raised its outlook for Q2 to between $6.05 billion to $6.15 billion. Ahead of its most “robust release schedule ever,” Take-Two CEO and chairman Strauss Zelnick spoke to GamesIndustry.biz about the firm’s latest results, … Read more
Sony has addressed concerns regarding the release of Marathon following its indefinite delay back in June, and the overall outlook of the firm’s live service offerings. During an earnings call (via Seeking Alpha) following the publication of its first quarter financial results, Sony’s chief financial officer Lin Tao confirmed that Sony expects Marathon to launch … Read more
Digital Foundry has announced it is parting ways with IGN Entertainment and going independent. In its latest podcast episode, the publication’s editor and founder Richard Leadbetter explained that he and Eurogamer founder Rupert Loman-West bought roughly half of its outstanding shares following an offer from IGN. “Digital Foundry has parted ways with IGN and we’ve … Read more
There are basically two camps in any discussion of the success of PlayStation in recent years. Neither camp claims that PlayStation hasn’t been a success – the futility of that claim was underscored yet again this week as the company reported significant rises in revenues, profits, and user engagement across almost every metric of its … Read more
Konami stocks have hit record highs since confirming a Momotaro Dentetsu game and the strong performance of its beleaguered soccer series, eFootball. As reported by GameBiz and translated by Automaton, the Momotaro Dentetsu series — launched in December 1988 — is one of the company’s strongest IPs, with sales totalling 18.9 million, almost double that … Read more
Sony has released its financial results for Q1 2025, revealing an 8% sales income and a 127% operating income increase year-on-year for its Games and Network Services division. The company also revealed PlayStation 5 and game software sales have seen a boost since the same period last year. The numbers For the three months ended … Read more
RedOctaneGames, a studio dedicated to rhythm games, has officially launched, with its first title to be announced later this year. Founded by seasoned developers from the rhythm gaming world, who have worked on Guitar Hero and DJ Hero, alongside new talent, RedOctane Games is “focused solely on advancing the rhythm game genre” while “combining the … Read more
Speedrunning charity event RTA in Japan has confirmed Nintendo issued a direct notice banning it from using titles owned by the publisher. In an announcement published yesterday (translated by Automaton), the non-profit organisation said Nintendo warned that “as a legal entity, [RTA in Japan] would have to ask for permission in advance” to feature its … Read more
A new studio with a specialism in “innovative strategy and simulation games” has launched in Dublin. Day Off Interactive – which includes Cities: Skylines and Life is Strange alums Karoliina Korppoo (creative director) and Des Gayle (head of production) as part of the founding team – has connected with an “experienced” team across Europe that … Read more